Dave,

I believe the Bush Admin. was well aware of the problems Clinton started with Fannie and Freddie. It would appear the Admin. warned more than 17 times about the expected failure and the Democrats voted against doing anything to change it.

http://www.gather.com/viewArticle.jsp?articleId=281474977461051

Joe,

We are on the same page, at least in this area.
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Kevin Lund